Ray-Q Ltd Salary

As of August 2026, the average annual salary for employees at Ray-Q Ltd in the United States is $104,510. This translates to an approximate hourly wage of $50. Salaries at Ray-Q Ltd typically range from $91,846 to $118,232 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Ray-Q Ltd

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Is Ray-Q Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Ray-Q Ltd's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Olde School Title Services LLC $103,623
-0.8%
Confirms Olde School Title Services LLC is a direct competitor vying for the exact same talent pool.
Women's Expo Group LLC $104,372
-0.1%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Xetra Networks Inc $100,037
-4.3%
Xetra Networks Inc focuses strategically on recruiting and training entry-level apprentices.
LEAPROS Workforce Solutions $100,301
-4.0%
LEAPROS Workforce Solutions may offer non-monetary perks in lieu of competitive base salaries.
Business Services Industry $120,931
+15.7%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Ray-Q Ltd

Considering a career at Ray-Q Ltd? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
We are helping other businesses solve important challenges. It makes coming to work enjoyable. Supportive leadership and a collaborative environment make it a great place to grow professionally. There's a strong sense of integrity in all our dealings, which I highly respect. I appreciate the flexible work arrangements that make balancing personal and professional life easier.
There’s a clear structure and minimal surprises. Communication was professional than prefer. The open communication channels make this possible and effective for our team. There’s a strong sense of community, and team outings help build relationships. In an often-volatile market, it’s reassuring to know that the business is well-managed and built for the long term. Little things like good coffee ...
The thoughtful office design directly contributes to a more pleasant and productive work experience for everyone on the team. There's still a strong sense of community and shared purpose. Great resources for career advancement. I’ve grown professionally and personally.

Ray-Q Ltd Overview

Website
www.ray-q.com
Founded In
1969
Employees
<25 employees
Industry
Business Services
Headquarter Address
63 Hollybrook Rd Paramus New Jersey NJ 07652
Revenue
$5 Million - $10 Million
Phone Number
+1 2013902040
Social Media
About Ray-Q Ltd
For over 40 years, Ray-Q has been a leader in designing, assembling and distributing advanced electrical interconnect solutions to aerospace, military, marine, medical and other industries demanding the highest standards. The company offers a wide range of products for the world of Electrical and Fiber Optics interconnects. Over the past four decades, Ray-Q has developed partnerships with some of

What Benefits Does Ray-Q Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ray-Q Ltd offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Paramus?

Understanding the cost of living near Paramus is key to truly evaluating a salary offer or your current compensation at Ray-Q Ltd.
Paramus' Cost of Living Index is approximately 130.8 (30.8% more expensive than US average; 14.6% more than NJ average). Bergen County, major retail hub (no Sunday blue laws for retail), high housing costs. NJ Transit. When planning your budget based on a salary from Ray-Q Ltd, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,000 - $2,900+ A significant portion of Ray-Q Ltd salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation NJ Transit bus (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $480 - $710 Can be higher with more dining out or specialty stores.
Personal & Leisure $480 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $790+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,560 - $5,490+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ray-Q Ltd

1. How much does Ray-Q Ltd in the United States pay?

Ray-Q Ltd pays its employees an average of $104,510 per year. The average salary at Ray-Q Ltd range from $91,846 to $118,232 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.

2. Do Ray-Q Ltd employees get a higher salary than its peer company?

The salary at Ray-Q Ltd is higher than its peer company. The average annual salary at Ray-Q Ltd is $104,510, or an hourly wage of $50, in comparison to Olde School Title Services LLC which pays $103,623 per year or $50 per hour.

3. What are the highest paying jobs at Ray-Q Ltd?

The higher-paying job at Ray-Q Ltd, according to our data, include Controller (avg. $242,146 per year), Director, Engineering (avg. $188,794 per year), and Manager, Engineering (avg. $143,605 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Ray-Q Ltd?

Salary progression with years of experience at Ray-Q Ltd is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Ray-Q Ltd vary by office location?

Yes, it's very likely that salaries at Ray-Q Ltd vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Paramus section provides more context.

6. Does Ray-Q Ltd offer good benefits?

Ray-Q Ltd typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Ray-Q Ltd" section on this page.